The Napier Port’s trading discount to Port of Tauranga is ‘unjustified’, Forbar says.
The cuts are part of cost saving initiatives at the listed horticulture company.
Market activity and house sales weaker than previously forecast.
Chemicals group last week lowered earnings guidance on cost challenges.
Extent and contents of data theft unknown but company says it doesn’t store cardholder information.
New Zealand had a rise in big exits and a new unicorn.
JBS Australia owns 53.05% of Scott’s shares, so any potential sale of its stake could trigger a full takeover.
Forecast ebitda range now up to A$7.5m lower.
Consultation about non-pro rata and non-renounceable share offers has yielded amended rules.
The fourth fund will be able to invest independently of local angels.